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LOXO, a Swiss leader in autonomous logistics solutions, has announced the opening of its first international subsidiary in Munich, Germany. This expansion marks a significant milestone in LOXO’s mission to transform middle-mile and last-mile delivery logistics, leveraging its successful rollout of autonomous technology in Switzerland. Since its founding in 2021, LOXO has made impressive strides in developing Level 4 (L4) autonomous driving technology, with a particular focus on optimizing logistics efficiency.
Key Highlights:
- LOXO launched Europe’s first Level 4 autonomous technology on public roads in Bern, Switzerland.
- The Munich subsidiary will help LOXO expand its proven solutions into Germany’s large logistics sector.
- Germany’s middle-mile logistics market is projected to grow from $379.89 billion in 2023 to over $504 billion by 2032.
- Co-founder Lara Amini will lead the new subsidiary, focusing on local partnerships and innovations in autonomous logistics.
LOXO’s expansion into Germany follows its successful launch of autonomous driving routes spanning 65 kilometers (40 miles) in Bern, Switzerland. The company’s autonomous vehicles have been involved in major projects with Swiss logistics partners, including Planzer and Migros, showcasing the technology’s effectiveness in real-world scenarios.
Germany’s logistics market is a logical next step for LOXO’s growth, given the nation’s strong automotive infrastructure and supportive legislation for autonomous vehicles. Amin Amini, CEO of LOXO, explained, “Germany is a natural next step for LOXO as we continue our mission to revolutionize commercial vehicle automation in Europe.”
The new subsidiary will be spearheaded by Lara Amini, co-founder and Chief Business Officer. Amini aims to build collaborations with local partners and leverage Germany’s advanced infrastructure to drive the adoption of autonomous driving technologies in the middle-mile logistics sector, valued at $379.89 billion in 2023. With Germany’s market expected to exceed $504 billion by 2032, the potential for growth and transformation is substantial.
According to Lara Amini, “We’re not just focused on replacing traditional vehicles with autonomous ones. Our goal is to foster innovation that will catalyze the transformation of the entire logistics sector. By collaborating with local partners and tapping into Germany’s pool of talent, we aim to take LOXO’s successful model and scale it across new markets.”
LOXO’s entry into Germany signals its commitment to advancing autonomous vehicle technology in one of Europe’s largest logistics markets. This strategic move aims to integrate autonomous vehicles more deeply into logistics chains, pushing the boundaries of what is possible in commercial vehicle automation.
For more information, visit: www.loxo.ch
About LOXO
LOXO is a leading Swiss company pioneering innovative autonomous delivery solutions. Founded in 2018 by Amin Amini, Lara Amini, and Claudio Panizza, LOXO is on a mission to revolutionize how goods are delivered in Europe. The company specializes in the development and deployment of software-as-a-service (SaaS) solutions that provide commercial vehicles with Level 4 autonomy. Additionally, LOXO operates its own fleet of autonomous vehicles, including LOXO Alpha and LOXO R1. For more information, visit www.LOXO.ch.
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